TEL AVIV // George Mitchell's shuttle diplomacy in the Middle East this week appeared yesterday to have failed.
Despite a fourth meeting in four days between the top US envoy to the Middle East and Benjamin Netanyahu, the Israeli prime minister, no deal was clinched between the US and Israel on a halt to settlement construction in occupied territory that Palestinians want as part of their future state.
The setback in negotiations was a blow to Washington's hopes of convening a tripartite summit on the sidelines of next week's UN General Assembly in New York between Barack Obama, the US president, Mr Netanyahu and Mahmoud Abbas, the president of the western-backed Palestinian Authority.
Saeb Erekat, a key Palestinian negotiator, told reporters yesterday following a meeting between Mr Mitchell and Mr Abbas in the West Bank city of Ramallah: "Mitchell told us he did not reach agreement with the Israelis on freezing settlements."
Mr Erekat said that because of Israel's opposition to a total freeze on settlement activity, Mr Abbas said he would not take part in the three-way summit.
An Israeli government official, speaking on condition of anonymity, appeared to blame the Palestinians for the deadlock yesterday, saying: "The Israeli side is ready for the immediate resumption of talks. That is not the Palestinian position. At this stage no trilateral meeting in New York has been finalised."
Asked if negotiations will continue, the official added: "The process continues. No one is giving up."
Mr Mitchell has kept busy since arriving in the Middle East last Saturday. He has shuttled at least twice between Jerusalem and Ramallah, and has also travelled to Cairo to meet Hosni Mubarak, the Egyptian president, and to the Jordanian capital, Amman, where he convened with King Abdullah.
Mr Netanyahu's meeting with the US envoy yesterday came just hours after the Israeli premier made clear there would be no construction freeze in the West Bank. He also reiterated that work would continue on some 3,000 housing units even in the case of a compromise with the US on the settlements.
In an interview with Israel's Channel 10 TV on Thursday, the Israeli leader said: "For me, a freeze of settlements is zero construction of housing units. I do not want to choose the name - any person knows that there will probably be a slowdown in building, but not a freeze."
Mr Netanyahu also said that so far, "no summit meeting has been set" with Mr Obama and Mr Abbas in New York for next week.
However, he hoped there would be a meeting. "We have reached a level of intimacy in talks with the Americans in which they understand the details of the policy that I have suggested," he said. "Advancing peace is important, but we also have the responsibility for Israeli citizens and our brothers in [the West Bank] to allow them to live normal lives."
While Mr Netanyahu appears reluctant to agree to a construction lull that would be opposed by his predominantly pro-settler, right-wing governing coalition, he has signalled that he is prepared to make compromises.
Yesterday, an official close to the premier who declined to be identified was quoted by Israeli media as saying that Israel might agree to a freeze beyond the six months it had so far offered.
The US has pressed Israel to suspend settlement activity for at least one year. Mr Abbas, however, is holding firm that only a total halt to construction will spur him to renew negotiations. Some officials of Mr Abbas's secular Fatah movement, which holds sway in the West Bank, claim that restarting talks with Israel without suspending settlement expansion will hand a victory to Hamas, the Palestinian Islamist group that rivals Fatah and rules the Gaza Strip.
Yasser Abed Rabbo, a senior aide to Mr Abbas, warned in an interview yesterday with Haaretz, a liberal Israeli newspaper, that a settlement deal that did not include a total freeze might even spur violence among Palestinians.
"We will not be able to agree to the continuation of building in East Jerusalem while conducting peace talks with Israel at the same time ? If we agree to an offer that gives legitimacy to construction in Jerusalem, that may lead to a breakout of a third intifada - this time against the Palestinian Authority, not against Israel," Mr Rabbo said.
A deal may also be impeded by the release of a damning UN report on Tuesday, which claimed Israeli forces committed war crimes and possibly crimes against humanity during the country's onslaught in the Gaza Strip in December and January.
Israeli commentators said yesterday the report's findings may make it more difficult for Mr Mitchell to convince Arab states to make gestures towards normalising ties with Israel - overtures that Mr Mitchell had hoped would help push Israel to compromise on the settlements.
vbekker@thenational.ae
Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
The biog
From: Upper Egypt
Age: 78
Family: a daughter in Egypt; a son in Dubai and his wife, Nabila
Favourite Abu Dhabi activity: walking near to Emirates Palace
Favourite building in Abu Dhabi: Emirates Palace
What is Diwali?
The Hindu festival is at once a celebration of the autumn harvest and the triumph of good over evil, as outlined in the Ramayana.
According to the Sanskrit epic, penned by the sage Valmiki, Diwali marks the time that the exiled king Rama – a mortal with superhuman powers – returned home to the city of Ayodhya with his wife Sita and brother Lakshman, after vanquishing the 10-headed demon Ravana and conquering his kingdom of Lanka. The people of Ayodhya are believed to have lit thousands of earthen lamps to illuminate the city and to guide the royal family home.
In its current iteration, Diwali is celebrated with a puja to welcome the goodness of prosperity Lakshmi (an incarnation of Sita) into the home, which is decorated with diyas (oil lamps) or fairy lights and rangoli designs with coloured powder. Fireworks light up the sky in some parts of the word, and sweetmeats are made (or bought) by most households. It is customary to get new clothes stitched, and visit friends and family to exchange gifts and greetings.
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
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Thanksgiving meals to try
World Cut Steakhouse, Habtoor Palace Hotel, Dubai. On Thursday evening, head chef Diego Solis will be serving a high-end sounding four-course meal that features chestnut veloute with smoked duck breast, turkey roulade accompanied by winter vegetables and foie gras and pecan pie, cranberry compote and popcorn ice cream.
Jones the Grocer, various locations across the UAE. Jones’s take-home holiday menu delivers on the favourites: whole roast turkeys, an array of accompaniments (duck fat roast potatoes, sausages wrapped in beef bacon, honey-glazed parsnips and carrots) and more, as well as festive food platters, canapes and both apple and pumpkin pies.
Ruth’s Chris Steakhouse, The Address Hotel, Dubai. This New Orleans-style restaurant is keen to take the stress out of entertaining, so until December 25 you can order a full seasonal meal from its Takeaway Turkey Feast menu, which features turkey, homemade gravy and a selection of sides – think green beans with almond flakes, roasted Brussels sprouts, sweet potato casserole and bread stuffing – to pick up and eat at home.
The Mattar Farm Kitchen, Dubai. From now until Christmas, Hattem Mattar and his team will be producing game- changing smoked turkeys that you can enjoy at home over the festive period.
Nolu’s, The Galleria Mall, Maryah Island Abu Dhabi. With much of the menu focused on a California inspired “farm to table” approach (with Afghani influence), it only seems right that Nolu’s will be serving their take on the Thanksgiving spread, with a brunch at the Downtown location from 12pm to 4pm on Friday.
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
COMPANY PROFILE
Name: Rain Management
Year started: 2017
Based: Bahrain
Employees: 100-120
Amount raised: $2.5m from BitMex Ventures and Blockwater. Another $6m raised from MEVP, Coinbase, Vision Ventures, CMT, Jimco and DIFC Fintech Fund
if you go
The flights
Fly to Rome with Etihad (www.etihad.ae) or Emirates (www.emirates.com) from Dh2,480 return including taxes. The flight takes six hours. Fly from Rome to Trapani with Ryanair (www.ryanair.com) from Dh420 return including taxes. The flight takes one hour 10 minutes.
The hotels
The author recommends the following hotels for this itinerary. In Trapani, Ai Lumi (www.ailumi.it); in Marsala, Viacolvento (www.viacolventomarsala.it); and in Marsala Del Vallo, the Meliaresort Dimore Storiche (www.meliaresort.it).
What is an ETF?
An exchange traded fund is a type of investment fund that can be traded quickly and easily, just like stocks and shares. They come with no upfront costs aside from your brokerage's dealing charges and annual fees, which are far lower than on traditional mutual investment funds. Charges are as low as 0.03 per cent on one of the very cheapest (and most popular), Vanguard S&P 500 ETF, with the maximum around 0.75 per cent.
There is no fund manager deciding which stocks and other assets to invest in, instead they passively track their chosen index, country, region or commodity, regardless of whether it goes up or down.
The first ETF was launched as recently as 1993, but the sector boasted $5.78 billion in assets under management at the end of September as inflows hit record highs, according to the latest figures from ETFGI, a leading independent research and consultancy firm.
There are thousands to choose from, with the five largest providers BlackRock’s iShares, Vanguard, State Street Global Advisers, Deutsche Bank X-trackers and Invesco PowerShares.
While the best-known track major indices such as MSCI World, the S&P 500 and FTSE 100, you can also invest in specific countries or regions, large, medium or small companies, government bonds, gold, crude oil, cocoa, water, carbon, cattle, corn futures, currency shifts or even a stock market crash.
Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50